Extent Of Measurement And Disclosure Of Environmental Information In Financial Reports Under (IFRS & IAS) For Yemeni

¹ Amran University _ Republic of Yemen
² ENCG, Ibnt Tofail University, Morocco
³ Université de Poitiers, Poitiers France
⁴ ENCG, Mohammed Premier University, Morocco

^* Aliabdosaleh.dhaifallah@uit.ac.ma.

Abstract

The study aims to determine the requirements for the disclosure of environmental information in the financial statements in light of international accounting standards and to study and determine the degree and nature of disclosure of environmental information in the financial statements of the sample companies, and the importance of environmental information in making decisions about setting plans and objectives and drawing policies that aim to protect and sustain the environment as It represents the comprehensive container of the elements of natural wealth, based on the information announced in the annual reports of the sample companies, which include an industrial and forestry company, and it was selected from the most environmentally sensitive sectors and the most impacting on the environment.

Using the content analysis method, which will be the main measurement tool for the research, where the disclosure scale will be prepared using this method and in a similar way to the scale (1982, Wiseman), which includes 18 axes of environmental disclosure within 6 main axes covering all aspects of the environmental performance of the company. The results of the study showed that disclosure in the sample companies is restricted by what is imposed by the standard accounting system with regard to the disclosure of fuel or production waste, as the environmental accounting applications in industrial and strategic companies in Yemen did not take sufficient attention, and this comes as a result of the lack of awareness of industrial companies and their weak contribution to the responsibilities that should be borne in the field of environmental protection and society.

This study represents the theoretical framework for understanding the nature of environmental accounting and reporting by providing a detailed review of environmental accounting, in addition to understanding the nature of environmental disclosures for industrial and extractive companies in Yemen and the extent of their application to international accounting standards. The research recommends the necessity of obligating industrial and extractive companies to environmental disclosure due to its low levels in the annual reports they issue, which reflect a state of lack of interest and awareness by the majority of Yemeni companies of their environmental role and responsibilities towards society.